BNP said the result partially reflects the gains from the sale of its retail-and-commercial banking activities in the US, which closed in February

BNP Paribas said on 3 May that first-quarter revenue and earnings rose, helped by growth in all divisions and by the sale of Bank of the West.

The French lender said its net profit climbed to €4.43bn ($4.87bn), compared with €1.84bn in the first quarter of 2022, on revenue that grew 1.4% to €12.03bn.

Pierre Bertrand

BNP Paribas

Europe

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BNP boosted by sale of Bank of the West

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